Kenya's horticulture exports fall 10 percent

The value of horticulture exports Kenya shipped between January and August 2022 declined 9.9 percent as compared to a similar period in 2021 on low volumes, the Central Bank said on Monday, the 31st of October. Kenya, in the eight months, exported vegetables, fruits, and cut flowers worth 84.1 billion shillings (717 million U.S. dollars) from a volume of 371,129 tons.

This was down from 769 million dollars from 427,697 tons in a similar period in 2021, said the apex bank in its latest data. The CBK attributed the decline in volumes shipped to disruptions in the global market caused by the Ukraine-Russia crisis, rising inflation, and restrictions by the local regulator to boost quality. Kenya's Horticulture Directorate, in the first quarter, restricted the sale of avocados, the country's main export fruit, to curb the shipment of immature produce to protect its market.

Read the complete article: www.english.news.cn


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